CrowdStrike (NASDAQ:CRWD) Stock Price Down 1.6% – Here’s What Happened

CrowdStrike (NASDAQ:CRWD)’s stock price dropped 1.6% during trading on Wednesday . The stock traded as low as $451.76 and last traded at $460.70. Approximately 3,744,845 shares traded hands during trading, an increase of 37% from the average daily volume of 2,738,371 shares. The stock had previously closed at $468.02.

Key Headlines Impacting CrowdStrike

Here are the key news stories impacting CrowdStrike this week:

• Positive Sentiment: BTIG reaffirmed its Buy rating and set a $640 price target, signaling significant upside from current levels and supporting the long-term bull case. BTIG reaffirms buy
• Positive Sentiment: Prominent bulls such as Daniel Ives continue to list CrowdStrike among top AI/security plays for 2026, reinforcing investor interest in CRWD as an AI-security beneficiary. Ives names CRWD a top AI stock
• Positive Sentiment: MarketBeat and other bulls argue the recent pullback is technical/profit-taking and reiterate conviction in CrowdStrike’s growth, reinforcing the view that fundamentals remain intact. MarketBeat bullish piece
• Positive Sentiment: CrowdStrike announced it will acquire Seraphic Security (terms undisclosed), expanding its identity/security capabilities — a strategic tuck-in that can support revenue and product positioning in identity security. CrowdStrike to acquire Seraphic Security
• Neutral Sentiment: A federal judge dismissed the shareholder lawsuit tied to the July 2024 outage, removing a legal overhang — a legal win that would normally be positive but failed to spark a sustained rally. Reuters: lawsuit dismissed
• Neutral Sentiment: Analysts are actively discussing CrowdStrike’s push into identity security and AI-related product positioning; coverage remains heavy and mixed, which increases volatility around newsflow. TipRanks: analysts trending on identity push
• Negative Sentiment: KeyBanc downgraded CrowdStrike to Sector Weight, citing valuation concerns and a more measured near-term security budget backdrop — a catalyst that can pressure the stock given its premium multiple. KeyBanc downgrade
• Negative Sentiment: CEO George Kurtz publicly warned about over-reliance on AI agents, calling AI a “drunken intern” — remarks that highlight execution/operational risks and may stoke investor caution around AI-driven revenue assumptions. CEO calls AI a ‘drunken intern’
• Negative Sentiment: Coverage noted the stock “sank” in morning trade despite the court win, suggesting traders are reacting more to near-term concerns (valuations, analyst downgrades, CEO comments) than to the legal outcome. TipRanks on stock reaction
• Negative Sentiment: Some analysts and articles continue to flag valuation as a constraint despite reaccelerating growth, which keeps upside conditional on execution and multiple expansion. Seeking Alpha: valuation concerns

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on CRWD shares. BNP Paribas Exane raised their price target on shares of CrowdStrike from $350.00 to $450.00 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. TD Cowen increased their price objective on CrowdStrike from $500.00 to $580.00 and gave the company a “buy” rating in a report on Friday, October 3rd. JPMorgan Chase & Co. raised their target price on CrowdStrike from $500.00 to $580.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Guggenheim reaffirmed a “neutral” rating on shares of CrowdStrike in a report on Monday, November 24th. Finally, Westpark Capital reiterated a “hold” rating on shares of CrowdStrike in a research report on Wednesday, October 15th. Thirty-two equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $555.42.

CrowdStrike Stock Down 1.6%

The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.18. The stock’s 50-day simple moving average is $499.47 and its 200 day simple moving average is $481.02. The firm has a market cap of $116.14 billion, a P/E ratio of -365.63, a PEG ratio of 112.32 and a beta of 1.03.

CrowdStrike (NASDAQ:CRWD) last posted its quarterly earnings data on Tuesday, December 2nd. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.02. CrowdStrike had a negative return on equity of 2.12% and a negative net margin of 6.88%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company posted $0.93 EPS. The business’s quarterly revenue was up 21.8% on a year-over-year basis. CrowdStrike has set its FY 2026 guidance at 3.700-3.720 EPS and its Q4 2026 guidance at 1.090-1.110 EPS. As a group, research analysts forecast that CrowdStrike will post 0.55 EPS for the current fiscal year.

Insider Transactions at CrowdStrike

In other CrowdStrike news, CEO George Kurtz sold 17,550 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $481.38, for a total transaction of $8,448,219.00. Following the transaction, the chief executive officer directly owned 2,090,532 shares in the company, valued at approximately $1,006,340,294.16. This represents a 0.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Sameer K. Gandhi sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $550.20, for a total transaction of $2,751,000.00. Following the sale, the director directly owned 765,456 shares of the company’s stock, valued at approximately $421,153,891.20. This trade represents a 0.65% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 71,048 shares of company stock valued at $35,767,887. 3.32% of the stock is owned by insiders.

Hedge Funds Weigh In On CrowdStrike

Institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC increased its position in CrowdStrike by 44.9% in the 4th quarter. Brighton Jones LLC now owns 7,803 shares of the company’s stock valued at $2,670,000 after buying an additional 2,417 shares in the last quarter. Empowered Funds LLC grew its stake in CrowdStrike by 3.6% in the first quarter. Empowered Funds LLC now owns 4,812 shares of the company’s stock valued at $1,697,000 after acquiring an additional 169 shares during the period. Goldstone Financial Group LLC increased its holdings in shares of CrowdStrike by 24.0% during the second quarter. Goldstone Financial Group LLC now owns 1,267 shares of the company’s stock valued at $651,000 after acquiring an additional 245 shares in the last quarter. Webster Bank N. A. raised its position in shares of CrowdStrike by 51.7% during the second quarter. Webster Bank N. A. now owns 827 shares of the company’s stock worth $421,000 after purchasing an additional 282 shares during the period. Finally, Little House Capital LLC lifted its holdings in shares of CrowdStrike by 28.4% in the 2nd quarter. Little House Capital LLC now owns 5,156 shares of the company’s stock worth $2,626,000 after purchasing an additional 1,141 shares in the last quarter. Institutional investors and hedge funds own 71.16% of the company’s stock.

About CrowdStrike

CrowdStrike Holdings, Inc (NASDAQ: CRWD) is a cybersecurity company founded in 2011 and headquartered in Sunnyvale, California. The firm was co-founded by George Kurtz and Dmitri Alperovitch and became a publicly traded company following its initial public offering in 2019. CrowdStrike positions itself as a provider of cloud-native security solutions designed to protect endpoints, cloud workloads, identities and data against sophisticated cyber threats.

The company’s core offering is the CrowdStrike Falcon platform, a modular, cloud-delivered security architecture that combines endpoint protection (EPP), endpoint detection and response (EDR), threat intelligence, and device control through lightweight agents and centralized telemetry.